It is located in an area that attracts college students/employees, working class families, and military families.

But, this house went under contract in 3 days for $20k over ask, with multiple competing offers, in an area where the average days on the market for newly renovated flips is 100+ days! 

But I’m sure that depending on the area that experience will vary.

Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.

I have a client that lives in Hawaii but owns a property in DC area.

Murray Hill is a great area that will fit your budget and allow you to maintain occupancy. 

@Alyssa Holbrook is in the Salt Lake area, and she is an absolute boss.

I’d love to hear from anyone who has experience in this area. 

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

Quote from @Paul Stewart: I've noticed a growing trend among new real estate investors in my area.